ANSHIKA INVESTMENTS PVT. LTD., NEW DELHI V. ACIT, CENTRAL CIRCLE- 27, NEW DELHI

ITA 3196/DEL/2018

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 7156 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 8 month(s) 19 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 22-01-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2007-2008
• Appeal Filed On: 03-05-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: M BARANWAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH FRIDAY A: NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU, VICE PRESIDENT AND SHRI SUDHANSHU SRIVASTAVA, JUDICIAL MEMBER ITA NO.3196/DEL/2018 ASSESSMENT YEAR : 2007-08 ITA NO.3197/DEL/2018 ASSESSMENT YEAR : 2007-08 M/S ANSHIKA INVESTMENTS PVT. LTD, 305, 3 RD FLOOR, BHANOT CORNER PAMPOSH ENCLAVE, GREATER KAILASH-1, NEW DELHI- 110048 PAN-AAACB0113E VS . ACIT, CENTRAL CIRCLE-27, NEW DELHI (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI. M.P. RASTOGI, ADVOCATE RESPONDENT BY : SHRI. M. BARANWAL, SR. DR DATE OF HEARING : 22.01.2021 DATE OF PRONOUNCEMENT : 22.01.2021 ORDER PER G.S. PANNU, VP : THESE APPEALS BY THE ASSESSEE FOR THE ASSESSMENT YEAR 2007-08 ARE DIRECTED AGAINST THE ORDER OF CIT(A), NEW DELHI, DATED 22.03.2018. ITA-3196/DEL/2018 ITA-3197/DEL/2018 2 2. THE LEARNED COUNSEL FOR THE ASSESSEE, VIDE ITS LETTER DATED 12.01.2021, RECEIVED THROUGH EMAIL, HAS REQUESTED FOR WITHDRAWAL OF THE APPEALS FILED BY HIM AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS SCHEME, 2020. A CERTIFICATE TO THIS EFFECT UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 HAS ALSO BEEN FILED. 3. LEARNED SENIOR DR HAS NO OBJECTION. 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST OF THE ASSESSEE. 5. IN THE RESULT, THE APPEALS OF THE ASSESSEE ARE DISMISSED. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTUAL HEARING IN THE PRESENCE OF BOTH THE PARTIES ON 22.01.2021. SD/- SD/- (SUDHANSHU SRIVASTAVA) (G.S. PANNU) JUDICIAL MEMBER VICE PRESIDENT SH COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT BY ORDER ASSISTANT REGISTRAR